0001144204-16-090677.txt : 20160328
0001144204-16-090677.hdr.sgml : 20160328
20160328171626
ACCESSION NUMBER: 0001144204-16-090677
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160324
FILED AS OF DATE: 20160328
DATE AS OF CHANGE: 20160328
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: 3DICON CORP
CENTRAL INDEX KEY: 0001375195
STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669]
IRS NUMBER: 000000000
STATE OF INCORPORATION: OK
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 6804 SOUTH CANTON AVENUE
STREET 2: SUITE 150
CITY: TULSA
STATE: OK
ZIP: 74136
BUSINESS PHONE: (918) 494-0505
MAIL ADDRESS:
STREET 1: 6804 SOUTH CANTON AVENUE
STREET 2: SUITE 150
CITY: TULSA
STATE: OK
ZIP: 74136
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: OCONNOR JOHN MICHAEL
CENTRAL INDEX KEY: 0001551899
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-54697
FILM NUMBER: 161532967
MAIL ADDRESS:
STREET 1: 2828 E. 34
CITY: TULSA
STATE: OK
ZIP: 74105
4
1
v435369_4.xml
OWNERSHIP DOCUMENT
X0306
4
2016-03-24
0
0001375195
3DICON CORP
TDCP
0001551899
OCONNOR JOHN MICHAEL
C/O 3DICON CORPORATION, 6804 SOUTH
CANTON AVENUE, SUITE 150
TULSA
OK
74136
1
0
0
0
Series B Convertible Preferred Stock
2016-03-24
4
A
0
50149
A
2016-03-24
Common Stock
95985186
50149
I
See Remarks
Each share of Series B Convertible Preferred Stock is convertible into 1,914 shares of common stock.
Pursuant to certain Securities Purchase Agreements dated December 11, 2015, 3DIcon Corporation (the "Company") had agreed to issue, and on March 24, 2016 issued, to certain officers, directors, consultants and service providers (collectively, "Recipients") and the Recipients had agreed to accept, and on March 24, 2016 received, shares of Series B Preferred Stock in consideration for the satisfaction, in lieu of cash payment, of an aggregate of $1,105,402.72 owed by the Company to the Recipients. Among the Recipients was the law firm Newton, O'Connor, Turner & Ketchum, P.C., of which the Reporting Person, a Director of the Company, is a partner and shareholder, which received 50,149 shares of Series B Preferred in satisfaction of $52,791.49 owed to it for services provided to the Company. The right to convert the Series B Preferred Stock is limited by a 4.99% beneficial ownership limitation.
None.
The price of the derivative security was not determined for this transaction as the issuance reported was made in consideration for the settlement of amounts owed to Newton, O'Connor, Turner & Ketchum, P.C, a law firm of which the Reporting Person, a Director of the Company, is a partner and shareholder.
By Newton, O'Connor, Turner & Ketchum, P.C., a law firm of which Reporting Person, a Director, is a partner and shareholder
/s/ John O'Connor
2016-03-28